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United States MBA Mortgage Applications decrease 1% in week ending October 20

MBA Mortgage Applications in the United States, released by the Mortgage Bankers Association, dropped 1% in the week ending October 20. In the previous week, United States MBA Mortgage Applications had fallen 6.9%.

What is the United States MBA Mortgage Applications?

The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

When is the next United States MBA Mortgage Applications report released?

The next United States MBA Mortgage Applications data will be published on November 1 at 11:00 GMT. For more information, check the United States MBA Mortgage Applications entry in FXStreet Calendar.

US Dollar price today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Japanese Yen.

 USDEURGBPCADAUDJPYNZDCHF
USD 0.19%0.32%0.26%0.35%0.04%0.46%0.30%
EUR-0.19% 0.13%0.07%0.18%-0.15%0.28%0.10%
GBP-0.30%-0.12% -0.05%0.05%-0.27%0.14%-0.02%
CAD-0.26%-0.06%0.06% 0.11%-0.21%0.21%0.04%
AUD-0.35%-0.16%-0.04%-0.09% -0.31%0.09%-0.07%
JPY-0.05%0.16%0.27%0.19%0.31% 0.41%0.25%
NZD-0.45%-0.27%-0.15%-0.20%-0.10%-0.41% -0.16%
CHF-0.29%-0.09%0.03%-0.03%0.07%-0.25%0.17% 

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).

An automation tool was used in creating this post.

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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